Profitable Pizza Franchise Owner Must Sell Soon For Sale

Business description

This is a great opportunity for a new owner to own a nationally successful pizza franchise and territory well below market value. The current owner of this attractive business has invested more than twice the sale price in the equipment and facility and must sell soon. This sale includes the current location in West Little Rock as well as the exclusive franchise rights to the entire state of Arkansas (a $250,000 value). In addition, the owner will pay the initial franchise transfer fee of $7500 upon sale. The franchisor estimates that this territory could easily support ten locations statewide. The monthly franchise royalties are 6%.

Franchise terms

owner will pay $7500 transfer fee upon sale price includes $250,000 statewide franchise rights 6% royalties

Property information

Real Estate:

Real Property Included

Location:

Located on a busy highway in affluent West Little Rock.

Premises details:

Located in affluent West Little Rock, this 90 seat restaurant is in a four year old strip center on a busy highway. The building is attractive and in excellent condition.

Other information

Expansion potential:

This franchise has been successful across the country, offering great pizza and a variety of other food items under a well known name. A new owner could expand statewide, offering a variety of services and locations - including buffets, and pizza by the slice in urban locations. The current location could easily attain a liquor license that would greatly expand sales - the restaurant was prebuilt with an attractive bar that currently isn't utilized.

Competition / Market:

normal for highly populated area

Support & training:

owner will train, franchise will train

Reasons for selling:

overextended owner needs to sell - has invested more than twice the selling pric in equipment and buildout.

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

$90,000 down, the rest owner financed

Furniture / Fixtures value:

$123,000 (included in the asking price)

Inventory / Stock value:

$3,000